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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
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The great crypto reckoning: Wake up and get real about this class of pseudo assets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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17.03 / 05:39
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Zydus Life shares rise 2% after USFDA nod for Eluxadoline tablets
Zydus Lifesciences shares surged nearly 2% to Rs 899.40 on the BSE on Monday after the company received final approval from the US Food and Drug Administration (USFDA) to manufacture Eluxadoline Tablets (75 mg and 100 mg). Eluxadoline, a mu-opioid receptor agonist, is used to treat irritable bowel syndrome with diarrhea (IBS-D) in adults. The tablets will be manufactured at Zydus Lifesciences' SEZ facility in Ahmedabad, the company said in an exchange filing.
17.03 / 05:39
17.03 / 05:39
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Stock market update: Nifty Auto index advances 0.66% in an upbeat market
Bharat Forge Ltd.(up 1.98 per cent), Mahindra & Mahindra Ltd.(up 1.5 per cent), TVS Motor Company Ltd.(up 1.11 per cent), Exide Industries Ltd.(up 0.97 per cent) and Tata Motors Ltd.(up 0.79 per cent) were among the top gainers.
17.03 / 05:39
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After Green Cards, is Trump now targeting H-1B visa holders?
deportation of Dr. Rasha Alawieh, a kidney transplant specialist and professor at Brown University’s medical school, has sparked concerns about the treatment of H-1B visa holders under the Trump administration. Despite holding a valid H-1B visa and a federal court order temporarily blocking her removal, Alawieh was deported, raising questions about the future of employment-based visas in the United States. Dr. Alawieh, a Lebanese citizen, was detained at Boston Logan International Airport after returning from a family visit to Lebanon. She was held for 36 hours before being put on a flight to Paris, even though US Customs and Border Protection (CBP) had been ordered to give 48 hours' notice before any such action. CBP has not provided an explanation for why the court order was disregarded. Legal representatives for Dr. Alawieh and her cousin, Yara Chehab, have filed cases against senior Trump administration officials, including Homeland Security Secretary Kristi Noem and Secretary of State Marco Rubio, seeking answers on whether her deportation signals a policy shift against H-1B visa holders.
17.03 / 05:39
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Digital
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MobiKwik shares sink 15% to hit 52-week low after IPO lock-in expiry
One MobiKwik Systems, the parent company of digital payments provider MobiKwik, slumped by as much as 14.6% on Monday, hitting a fresh 52-week low of Rs 231.05, after the expiration of a three-month lock-in period. The expiry has unlocked 46 lakh shares, or 6% of the company's outstanding stock, making them eligible for trade. The stock has experienced a significant decline, falling 61% from its post-listing high of nearly Rs 700. It has also dipped below its IPO price of Rs 269, adding to investor concerns. Over the last week, the shares have fallen by 13%, and in the past month, the drop has widened to 24%.
17.03 / 05:39
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Reuters
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State Bank of India shelves $1.7 bn fund raising as yields elevated, sources say
State Bank of India, the country's largest lender by assets, is shelving plans to raise funds this fiscal year, discouraged by elevated bond yields despite a policy rate cut and liquidity boost from the central bank, three sources aware of the matter said on Monday. The bank had planned to raise as much as 150 billion rupees (about $1.7 billion) through sale of bonds before the end of March, but will now tap the market in the next financial year that starts in April, the sources said. «The bank has been waiting for an opportune time to enter the market, but yields have stayed high for the last several weeks, and hence the bank is avoiding tapping the market in the near term,» one of the sources said.
17.03 / 05:39
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Former Destiny Church member jailed for sexually abusing boys
Destiny Church, to violate teenage boys has been convicted and jailed for his despicable acts. The 29-year-old Kiwa Hemi Tamati Edward Hamiora-Te Hira had in December 2024 pleaded guilty to the charges of sexual offences and was on Monday (March 17) sentenced to six years and four months in prison by the Manukau District Court. While reading out the sentence to Hamiora-Te Hira, Judge Clare Bennett observed that his victims were aged between 13 and 24 years. They had come to the convict, who was a member of the Destiny Church, for counselling where he won their trust and then went on to sexually abuse them, the judge noted. The convict was working with Boys2Men and Youth Nation when he met his victims who were young boys then. Hamiora-Te Hira was found guilty after many of his victims described the details of what transpired between them. One of the victims described Hamiora-Te Hira as a «brother and a father figure», outlining the deep faith and trust they had placed on the perpetrator. «He was like a brother… father figure to me. I have flashbacks and nightmares about what happened,» stated the victim. Judge Bennett pointed out that Hamiora-Te Hira was “persistent and pernicious” in his predatory behaviour.
17.03 / 05:13
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Stock market update: Nifty Realty index falls 0.16% in an upbeat market
Godrej Properties Ltd.(up 1.57 per cent), Sobha Ltd.(up 0.62 per cent) and Raymond Ltd.(up 0.52 per cent) were among the top gainers.
17.03 / 05:13
Progressive
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PM Modi hails Elon Musk's DOGE Mission on Lex Fridman podcast, recalls decade-long bond with Tesla chief
Elon Musk and spoke at length about India’s role in global technological advancement. Noting that his recent meeting with Musk was warm and personal, Modi recalled his decade-long association with the Tesla boss. «I've known him since my time as chief minister. He was there with his family and children, so naturally the atmosphere felt so warm and friendly. Of course we had discussions and we talked about many different topics,» PM Modi said in the MIT podcast. The Prime Minister also praised Musk’s DOGE (Department of Government Efficiency) Mission, saying it reflects a shared spirit of innovation. «Of course, we had discussions and we talked about many different topics. Now, with his DOGE mission, he is incredibly excited about how it's progressing and honestly, it makes me happy, too,
17.03 / 05:13
Platform
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Parke
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social
70-year-old picture of 1950s Bengaluru goes viral. Netizens call old Bangalore 'paradise'
The accompanying caption on platform X states, “1950: Car Parking on M.G. Road, Bangalore." First shared on March 15, the post has since accumulated over 22,000 views. While numerous individuals admired the old-world charm of Bengaluru, opinions remained divided on whether the city’s past was indeed superior to its present.
17.03 / 05:13
Aware
NVIDIA
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electronic
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Samsung needs 'do-or-die' mindset to survive AI challenges: Report
Samsung Electronics must adopt a «do-or-die» mindset, its chairman told executives, to confront the challenges posed by artificial intelligence that are upending the industry, Yonhap news reported Monday. South Korean giant Samsung has been struggling to meet Nvidia's requirements as rival SK hynix has become the US titan's main supplier of high-bandwidth memory (HBM) chips for its AI graphics processing units (GPU). The world's largest memory-chip maker already acknowledged in October that it was facing a «crisis», and admitted questions had arisen about its «fundamental technological competitiveness and the future of the company».
17.03 / 05:13
Progressive
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Fires and a burnt wallaby at St Patrick's Day celebrations in Dunedin University
New Zealand media reported large groups of students moving around the streets near Dunedin University early Monday (March 17) morning with many indulging in a challenge known as “six before six”, which is about consuming six alcoholic beverages before 6am. Many students admitted that it was a popular way of celebration among them. As the day progressed, the number of students increased manifold and there was loud music too. Streets were littered with broken glasses and at least one also had a burnt couch. According to police officers, at least four such fires were reported from the area with the The Otago Daily Times reporting that a wallaby was found burned on one of the couches. Police have confirmed that they are investigating the alleged incident of a wallaby being burnt.
17.03 / 05:13
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NBFCs and Private Banks set to outperform, stay invested: Rahul Shah
«If you look at the biggest gainer, the crude prices which has cooled off and inflation below sub-4, RBI's interventions what we have seen, so all these things are just getting a base for our markets to move up and as I said, it will be a stock pickers and the stock specific rather than the entire market selling into it,» says Rahul Shah, MOFSL. What is it that your strategy is in this market? Time to buy yet? Rahul Shah: What we have seen in last five-six months after a steep correction, because stock-wise there is a lot of correction other than the indices. So, after three good years, market is showing some kind of cool-off or maybe a base which is getting created before it takes off.
17.03 / 05:13
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Lexus
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orienteering
Stock market update: Mining stocks up as market rises
Ashapura Minechem Ltd.(up 2.42%), Pokarna Ltd.(up 2.41%), MOIL Ltd.(up 1.79%), Coal India Ltd.(up 0.96%), NMDC Ltd.(up 0.77%), Lexus Granito(India)Ltd.(up 0.53%), Aro Granite Industries Ltd.(up 0.32%), Gujarat Mineral Development Corporation Ltd.(up 0.32%) and KIOCL Ltd.(up 0.21%) were among the top gainers.
17.03 / 05:13
UPS
President
War
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Trump says he will talk to Putin on Tuesday as he pushes for end to Ukraine war
Donald Trump said he would speak to Russian President Vladimir Putin on Tuesday as he pushes to end the war in Ukraine. The U.S. leader disclosed the upcoming conversation to reporters while flying from Florida to Washington on Air Force One on Sunday evening. «We will see if we have something to announce maybe by Tuesday. I will be speaking to President Putin on Tuesday,» Trump said. «A lot of work's been done over the weekend. We want to see if we can bring that war to an end.» Although Russia failed in its initial goal to topple Ukraine with its invasion three years ago, it still controls large swaths of the country. Trump said land and power plants are part of the conversation around bringing the war to a close.
17.03 / 05:13
UPS
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CBS
Basketball
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March Madness Schedule: Your ultimate guide to the tournament schedule & how to watch every game
March Madness 2025 is heating up as the 68-team bracket for the NCAA Men’s Basketball Tournament was officially revealed on Selection Sunday, March 16. Fans across the country are gearing up for a thrilling ride as college basketball's biggest tournament kicks off. Here’s a breakdown of the full schedule for the upcoming tournament, including when and where to catch all the live action.
17.03 / 05:13
17.03 / 05:03
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A trade war puts pressure on the Federal Reserve
Subscribe to enjoy similar stories. Virtually all economic research and historical experience show that the costs of tariffs, including the reduction of future potential growth, far outweigh any benefits of protecting the U.S. from international competition and bringing jobs home.
17.03 / 05:03
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Big retailers’ hardball tariff playbook: Haggle, diversify, raise prices
Subscribe to enjoy similar stories. America’s biggest retailers are deploying every weapon they have to navigate President Trump’s fast-escalating trade war, from leaning on suppliers for discounts to finding alternate product sources. In some cases, that includes price increases for consumers.
17.03 / 04:45
markets
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Stock market update: Power stocks up as market rises
KEC International Ltd.(up 6.04%), Transformers & Rectifiers(India)Ltd.(up 4.48%), Hitachi Energy India Ltd.(up 3.88%), Indowind Energy Ltd.(up 2.54%), Suzlon Energy Ltd.(up 2.53%), KPI Green Energy Ltd.(up 2.41%), Indo Tech Transformers Ltd.(up 2.38%), Adani Green Energy Ltd.(up 2.35%), Adani Energy Solutions Ltd.(up 2.03%) and GE Vernova T&D India Ltd.(up 2.01%) were among the top gainers.
17.03 / 04:45
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International
Reduce IndusInd Bank, target price Rs 850: ICICI Securities
IndusInd Bank with an unchanged target price of Rs 850. The current market price of IndusInd Bank is Rs 678.55. IndusInd Bank, incorporated in 1994, has a market cap of Rs 52628.84 crore. IndusInd Bank's key products/revenue segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2024.
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